Friday, March 17, 2017 8:05:10 AM
That way your shares can't be "borrowed" Naked shorting is illegal-since 2008. Still happens all the time.No one sets a sell limit on stocks like these so they are a perfect invitation (with news, lots of volume, bag holders) for the naked shorts to come in. Same thing happened with my drug merger stock. I finally gave up on it after watching it get traded daily by naked shorts and never going up to the (real) price target.
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